Shipping
Cases and deals
- 'RAFAELA S'
The House of Lords ruled in favour of Clyde & Co's client Royal & Sun Alliance in deciding that 'straight' bills of lading come within the class of documents to which the Hague-Visby Rules are applicable in English law. This landmark judgment represents a significant shift in the law in favour of cargo interests - 'STARSIN'
A highly publicised case that sought clarification of a number of substantial issues, including whether the words in the signature box of a bill of lading too k priority over an identity of carrier/demise clause - 'CHRISTOPHER'
Instructed for shipowners in a case concerning the loss of a US$6m coal cargo, ship and 27 crew during an Atlantic crossing - ' PRESTIGE'
Instructed by the owners of the 77,000 tonnes of oil laden aboard this vessel, which sank in the North Atlantic off the coast of Spain - 'GRECIA EXPRESS'
Represented shipowners in a claim against war risk underwriters - 'CMA_CGM NORMANDIE'
Representing cargo interests in relation to a containership which grounded on the Helen Mar reef in the Malacca Strait - 'P-36'
Acting for hull insurers in the loss of a semi-submersible off Brazil leading to claims in excess of US$500m - Metro Litigation
Acting for Glencore in the litigation taking place in both the UK and Singapore Court concerning a multi-million dollar loss of oil from storage in Fujairah - OOCL
Acted for slot charterers involved in the biggest overboard loss of containers from a ship during heavy weather with claims in the region of US$10m - US Attacks
Defending a US$51m claim by an up-market cruise line in relation to loss of profits allegedly resulting from a fall-off of business following the attacks in the US on September 11
Non-Contentious
- Channel Ferries
Advising channel ferry operators on application of EU competition regulations and other matters affecting services to and from the Channel Islands - Acting for the transportation arm of a state oil company, and a major tanker operator, on the US$260m sale and leaseback financing of two shuttle tankers
- Acting for a UK subsidiary of an independent US contractor on the sale of a offshore drilling platform
- Advising a private trading company financing the acquisition and conversion of a VLCC- size livestock carrier
- Acting for a major European oil company regarding a long-term time charter of a new LNG Vessel. This was a complex major ship financing transaction which involved the UK tax lease and a head lessor group. Advising on issues in respect of the construction of the vessel
- Advising a foreign export credit agency on the issue of refund guarantees in respect of two new large cruise vessels. This was a high value and complex ship financing transaction
- Acting for major West African oil support company in their disposition of a fleet of oil support vessels and associated long term charters
- Acting for owners in re-financing the construction of US$100m vessel under construction in China
- Acting for owner in negotiating the design, build and financing of a US$24m sailing yacht
- Acting for owners on the acquisition and syndicated financing of several LPG carriers